[Verse 1] Portfolio manager with a clever plan Active returns when the market's grand But watching closely for the danger zone When profits shrink and risks have grown [Chorus] Contingent immunization, flexible adaptation Active when you're winning, defensive when you're spinning Floor becomes the trigger, safety net grows bigger Switch your allocation when returns hit frustration [Verse 2] Start with surplus over what you need Immunized portfolio plants the seed That surplus lets you take some chances While downside protection still advances [Chorus] Contingent immunization, flexible adaptation Active when you're winning, defensive when you're spinning Floor becomes the trigger, safety net grows bigger Switch your allocation when returns hit frustration [Bridge] When asset values tumble down And surplus starts to hit the ground Abandon risky strategies now Lock in that floor somehow [Verse 3] Duration matching saves the day Bond ladders keep the wolves at bay No more gambling with the client's gold Conservative approach takes hold [Chorus] Contingent immunization, flexible adaptation Active when you're winning, defensive when you're spinning Floor becomes the trigger, safety net grows bigger Switch your allocation when returns hit frustration [Outro] Best of both worlds in your hands Upside potential with backup plans When markets smile you chase the gain When storms arrive you break the chain
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